IBM Maximo Asset Management solutions for the oil and gas industry


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As oil and gas companies strive for operational excellence in a world becoming smaller and smarter, IBM Maximo for Oil & Gas ensures a competitive advantage. Maximo software provides the control and automation necessary to provide detailed risk analysis for improved operational efficiency.

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IBM Maximo Asset Management solutions for the oil and gas industry

  1. 1. IBM Software Oil and Gas IBM Maximo Asset Management solutions for the oil and gas industry Helping oil and gas companies achieve operational excellence
  2. 2. 2 IBM Maximo Asset Management solutions for the oil and gas industry Highlights workforce to a younger and less experienced one. Large num- ● Improve safety, reliability, and compliance while controlling bers of highly qualified personnel have left and are continuing costs to leave the industry, creating considerable gaps in practical ● Boost operational intelligence through standardization, con- knowledge. Oil and gas companies are increasingly relying on vergence, collaboration, and the adoption of better opera- technology to help fill these gaps and shore up their knowl- tional practices edge bases. ● Enable processes that capture organizational knowledge from an aging workforce Another change facing the industry is the convergence of busi- ● Leverage a consolidated and trusted platform for managing ness and IT assets. What were once traditional business assets all types of assets, from the smallest tools and parts, to are now becoming digitized, smart-chipped, traceable through highly complex and digitized business-critical assets, to the RFID tags, or IP-enabled, bringing them under the IT asset largest production and maintenance facilities umbrella. Many business-critical assets have layers of complex- ity, requiring unique asset management capabilities, while oth- ers have regulatory components. Oil and gas companies are Embracing the opportunities in oil and gas again turning to technology for help in managing these assets. As technology reaches into every corner of the globe, the world we live in becomes smaller—and smarter. With global Oil and gas companies must also continue to address a range organizations and systems that are more instrumented, inter- of tough industry challenges, including: connected, and intelligent than ever, we now have enormous potential to achieve new levels of business value—to optimize ● Improving asset analysis. operations and accelerate business growth as never before. ● Facilitating compliance efforts. The oil and gas industry is no exception. And IBM, leveraging ● Planning shutdowns. its flagship technology and decades of leadership, is helping ● Reducing manual intervention. organizations across this industry embrace the opportunities ● Responding to complex supply chain demands. that a smarter planet represents. ● Aligning roles and responsibilities. ● Facilitating continuous improvement. From exploration and production to refining and marketing, IBM offers industry-leading solutions for smarter oil and Industry-proven asset management solutions from IBM can gas operations. With deep industry and process expertise, help oil and gas companies face this sea of challenges. IBM enables oil and gas companies to enhance all areas of IBM Maximo® for Oil and Gas builds on the strength and operation, improving efficiency and optimizing global reliability of IBM Maximo Asset Management to deliver the resources in ways that help organizations manage growth critical capabilities that oil and gas companies need, from while controlling costs. enabling processes that capture organizational knowledge, to providing a consolidated and trusted platform for managing all A wave of change in the industry types of assets—from the smallest tools and parts to the largest Like businesses in any industry, oil and gas companies are fac- production and maintenance facilities. ing major changes and challenges that are redefining the way they do business. Perhaps the greatest of these is “The Great Crew Change,” the transition from a retirement-age
  3. 3. IBM Software 3 Today’s oil and gas companies are on a quest for operational An integrated foundation for improved excellence—to improve safety, reliability, and compliance operational intelligence while controlling costs. Success depends on how well they Built on a service-oriented architecture (SOA), Maximo for manage physical assets and human capital, and how well they Oil and Gas consists of seven key functional areas—work, leverage operational intelligence, making use of available service, contract, materials, procurement, asset, and operations data and information to make better operational decisions. management—bringing together traditionally separate busi- IBM Maximo for Oil and Gas can help organizations boost ness functions onto a single, integrated platform. operational intelligence—and realize operational excellence— through standardization, convergence, collaboration, and the adoption of better operational practices. IBM Maximo for Oil and Gas NS WO TIO RK RA PE O Corporate Systems Technical Systems Financial SCADA / Telemetry Management DCS SER AS SE T Procurement VICE GIS Human Resource Management IBM Project MAXIMO ASSET Management Payroll MANAGEMENT Document Customer Relation Management Management P RO Engineering / CAD Business CT CU Intelligence A M RE TR EN N T CO MATE IALS R Maximo for Oil and Gas brings together traditionally separate business functions onto a single, integrated platform, then adds a layer of industry-specific functionality to support the unique requirements of the oil and gas industry.
  4. 4. 4 IBM Maximo Asset Management solutions for the oil and gas industry This integrated platform reduces the number of applications Calibration – Automates calibration processes, leverages and redundant data stores, which helps reduce costs while traceability, and improves compliance and work planning with enabling a “single version of the truth.” It enables collabora- an integrated approach. With the explosion in instrumented tive, cross-functional business processes that help improve devices, being able to view calibration work alongside other efficiency. And with increased collaboration across functional work helps drive efficiency from work planning, scheduling, roles and increased confidence in the underlying data, Maximo and execution as well as having a positive impact on equip- for Oil and Gas can provide a foundation for improved opera- ment reliability. tional intelligence. Condition for Work – Aggregates similar jobs across assets, Driving operational excellence in the oil groups of assets, areas, or individual locations, supporting and gas industry opportunity maintenance. Identifying work that can be Maximo for Oil and Gas adds a layer of industry-specific func- merged into planned or unplanned work improves efficiency tionality to Maximo Asset Management, delivering capabilities as well as equipment reliability. that are designed to drive operational excellence, supporting better practices and meeting the unique asset and service man- Contract Management – Provides capabilities for managing agement requirements of the oil and gas industry. many types of contracts associated with maintenance, repair, and overhaul materials and services. Functional areas sup- Action Tracking – Tracks actions resulting from regulatory ported in Maximo for Oil and Gas include purchase contracts, audits or internal reviews. Action Tracking provides a mecha- master contracts, warranty contracts, lease and rental con- nism for ensuring that the findings and recommendations of tracts, labor rate contracts, payment schedules, and terms and internal and external audits are managed and tracked through conditions. to closure. Control of Work – Manages permits for work orders and job Asset Management – Provides capabilities for managing plans. Including permit and certificate requirements in work detailed information about assets, including elements such as orders and job plans can improve safety, efficiency, and locations, hierarchy modeling from enterprise to subassem- communication and collaboration between operations and blies, condition monitoring, metering, hazards and precau- maintenance. tions, costing, and rich work order history. Defect Elimination – Enables an integrated approach to Benefits and Losses – Captures benefits associated with managing and eliminating mechanical defects. With this stan- improvements, or losses associated with planned or unplanned dardized approach, operations and maintenance can record shutdowns or near-miss losses. Capturing benefits for pro- equipment defects in real time, improving communication posed solutions or losses associated with equipment downtime between different domains and helping to ensure service (planned or unplanned) helps provide insight into areas for levels. improving availability and safety.
  5. 5. IBM Software 5 Failure Reporting – Supports the ISO 14224-based Incident Management – Provides an integrated approach to standard for Failure Mode Effects Analysis (FMEA) and work and safety incident management. Incidents occur across Failure Reporting and Corrective Action System (FRACAS) organizations that perform work around assets and equipment processes. Implementing a standardized better practice in challenging and hazardous locations. Integrating the work around failure reporting and root cause analysis is the and asset management system and processes enables a better foundation of a good reliability program. practice for capturing these incidents. Asset custodians can view incidents and trends in their areas of responsibility as GIS Spatial Integration – Enables spatial visualization and well as status information on corrective and preventative analysis of work and asset objects. Many oil and gas companies maintenance work. use GIS software to provide geospatially enabled applications, and some of these GIS solutions capture asset information Investigations – Supports required incident and defect inves- that is valuable for an asset management system. IBM Maximo tigations such as Root Cause Failure Analysis (RCFA) or After for Oil and Gas enables bi-directional data exchange, provid- Action Review (AAR). Regardless of the significance of the ing valuable work and asset information from IBM Maximo incident or defect, an integrated investigation application is a software to the GIS system and vice versa. better practice because it provides complete traceability into historical incidents, defects, work orders, and other relevant Integrated Information Framework (IIF) Integration – data, helping to support the investigation. Provides integration to IBM’s information framework, which enables open industry standards integration with real-time Linear Asset Modeling – Provides linear modeling capabili- systems and engineering data sources such as MIMOSA, ties for linear assets such as wells and pipelines, enabling levels ISA88/95, ISO 15926, Open O&M, and others. Real-time of data capture, exchange, and analysis that cannot be achieved systems integration can trigger defects, incidents, inspection using hierarchical models. Many data elements associated with notification, or other work orders in IBM Maximo software. linear assets, such as station and offset or mile posts, are not Other systems, including engineering systems, integrated in a relevant to hierarchical assets. Some of these data elements are bidirectional fashion can enable cross-domain workflows and also dynamic in nature or have regulatory requirements and process orchestration. need to be managed in different ways. Capturing linear infor- mation in free-form text fields within a hierarchical model is Improvements – Helps manage continuous improvement no longer effective or efficient. Maximo for Oil and Gas programs like Six Sigma or similar methodologies. Providing enables the better practices of modeling a linear asset based on an enterprise standard or better practice for capturing the features and attributes associated with linear assets. improvements at all levels and across all domains helps facili- tate continuous improvement programs.
  6. 6. 6 IBM Maximo Asset Management solutions for the oil and gas industry Location and Work Details – Captures characteristics such Permit and Certificate Types – Defines permit types and as physical location, engineering reference numbers, drawing certificates for use on job plans and work orders. A critical IDs, safety zones, safety criticality, and permitting require- part of a safety culture is identifying the hazardous locations ments, and provides the ability to report production losses within operating environments and the appropriate procedures against a work order or location. IBM Maximo for Oil and for isolation and safety, including permits and certificates. Gas workflow enables all fields within the Maximo database, Having this capability integrated with work management plan- allowing more detail to be captured. This additional detail can ning and scheduling increases the effectiveness of work man- enhance operational intelligence and enable better operational agement, as well as improving overall safety compliance. decision making. Plant, Facility and Equipment Modeling – Establishes a Management of Change – Enables full management of common, standard approach for reliability and maintenance change processes, integrated with work management and data capture, exchange, and analysis based on ISO 14224 engi- other applications. Providing transparency and visibility across neering and asset specifications. Standardization of location, operations, maintenance, and engineering domains for all asset and equipment referencing, and asset classifications types of changes can improve communications and collabora- across the enterprise provides the foundation for measure- tion, helping to reduce risk and driving more efficient ment, benchmarking, and continuous improvement within an operations. enterprise and across the industry. Materials Management – Provides capabilities for managing Procurement – Provides capabilities for acquiring mainte- maintenance, repair, and overhaul inventory. Functional areas nance, repair, and overhaul materials and services. Functional supported in Maximo for Oil and Gas include item master, areas supported in Maximo for Oil and Gas include request storeroom management, inventory management, lot manage- for quotation, purchase requisitions, purchase orders, receiv- ment, kitting, issues and transfers, condition codes, stocked ing, material inspections, invoicing, desktop requisitions, tools, service items, cycle counting, ABC analysis, inventory and more. costing, and more. Regulatory Compliance – Helps demonstrate efforts to com- Operator’s Log – Provides an electronic log used by shift ply with health, safety, and environmental statutes. Regulators operators for recording and qualifying events that occur dur- provide the licensing requirements to safely operate the indus- ing an individual’s shift watch. The application tracks shift try’s infrastructure, with requirements that apply to assets staffing, plant operating parameters, log entries, associated and equipment in certain locations. IBM Maximo for Oil and qualifying data, and Web/document links on an individual Gas can identify regulatory compliance against assets and plant unit and/or staff position basis. The Operator’s Log, locations, and associate job plans and work orders to these integrated with work management, incident management, and regulations to help ensure compliance, significantly reducing other asset management applications, raises the bar for collab- the costs associated with compliance. oration across operations, maintenance, and engineering domains.
  7. 7. IBM Software 7 Risk Analysis – Manages and records risk assessments. Work Management – Provides capabilities for managing Maximo for Oil and Gas helps standardize how an enterprise multiple types of work, including planned, unplanned, and manages risk across challenging operating locations, assets, emergency work. Functional areas supported in Maximo for and equipment, and across job plans, work orders, and change Oil and Gas include job planning and routes, service requests records, providing a comprehensive solution for managing risk and service items, safety, labor reporting, qualifications, and improving safety, reliability, and compliance. lock-out/tag-out, labor, materials and tools, planning vs. actual costing, preventive maintenance, and more. Risk Matrices – Supports risk management processes by modeling probability and the consequences of events. Work Prioritization – Enables matrix-based prioritization for Standardizing how risk is modeled within an enterprise pro- optimizing planning and scheduling of maintenance, using vides a common approach across operating locations, assets, operational standard criteria to prioritize critical assets. This equipment, and different types of work. This better practice better practice enables dynamic scheduling and schedule opti- improves how an enterprise manages risk, promotes a safety mization, improving overall operational efficiency. culture, improves reliability, and helps ensure compliance. Maximo for Oil and Gas: Vital support for Solutions – Provides an operational learning repository that a critical industry captures lessons learned as well as proven solutions within an Maximo for Oil and Gas provides vital support for a critical operational, maintenance, or engineering context. This better industry facing complex and evolving issues. Maximo software practice captures and stores the environmental context, his- provides the visibility, control, and automation necessary to tory, scenario, and experience across operations, maintenance, capture valuable knowledge, improve operational efficiency, and engineering domains. The learning repository offers a and manage and operate mission-critical assets safely and pro- valuable opportunity to capture institutional knowledge from ductively. As oil and gas companies strive for operational an aging workforce and expose it in actionable and collabora- excellence in a world that’s growing smaller and smarter, tive ways. Maximo for Oil and Gas helps provide a competitive advantage.
  8. 8. For more information To learn more about how IBM Maximo for Oil and Gas can facilitate your organization’s journey toward operational excel- lence, contact your IBM sales representative or IBM Business Partner, or visit © Copyright IBM Corporation 2010 Additionally, financing solutions from IBM Global Financing IBM Corporation Software Group can enable effective cash management, protection from tech- Route 100 Somers, NY 10589 nology obsolescence, improved total cost of ownership and U.S.A. return on investment. Also, our Global Asset Recovery Produced in the United States of America Services help address environmental concerns with new, March 2010 more energy-efficient solutions. For more information on All Rights Reserved IBM Global Financing, visit: IBM, the IBM logo,, and Maximo are trademarks or registered trademarks of International Business Machines Corporation in the United States, other countries, or both. If these and other IBM trademarked terms are marked on their first occurrence in this information with a trademark symbol (® or ™), these symbols indicate U.S. registered or common law trademarks owned by IBM at the time this information was published. Such trademarks may also be registered or common law trademarks in other countries. A current list of IBM trademarks is available on the Web at “Copyright and trademark information” at Other company, product and service names may be trademarks or service marks of others. References in this publication to IBM products and services do not imply that IBM intends to make them available in all countries in which IBM operates. No part of this document may be reproduced or transmitted in any form without written permission from IBM Corporation. Product data has been reviewed for accuracy as of the date of initial publication. Product data is subject to change without notice. Any statements regarding IBM’s future direction and intent are subject to change or withdrawal without notice, and represent goals and objectives only. THE INFORMATION PROVIDED IN THIS DOCUMENT IS The customer is responsible for ensuring compliance with legal DISTRIBUTED “AS IS” WITHOUT ANY WARRANTY, requirements. It is the customer’s sole responsibility to obtain advice of EITHER EXPRESS OR IMPLIED. IBM EXPRESSLY DISCLAIMS competent legal counsel as to the identification and interpretation of ANY WARRANTIES OF MERCHANTABILITY, FITNESS any relevant laws and regulatory requirements that may affect the FOR A PARTICULAR PURPOSE OR NON-INFRINGEMENT. customer’s business and any actions the customer may need to take to IBM products are warranted according to the terms and conditions comply with such laws. IBM does not provide legal advice or represent of the agreements (e.g. IBM Customer Agreement, Statement of Limited or warrant that its services or products will ensure that the customer is Warranty, International Program License Agreement, etc.) under which in compliance with any law or regulation. they are provided. Please Recycle TIB14011-USEN-00